I want to take up my rights in full in the RI. Trouble is, I will have a small gap of about 10 days in my funding arrangements! ie I have money coming to me sufficient to pay for the new shares but only on about 12th June - but have to accept and pay for my rights by 5th June AIUI.I was thinking that I could sell some of my RBS shares sufficient to take up the rights concurrently with buying the rights (my broker allows me to do this). Then I would buy back my 'sold' RBS shares on 12 June, obviously taking the risk that the price has moved against me.Does anyone think this sounds workable/ a bad idea? Any considerations?cheers for any feedback.
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